Eurosystem and ECB staff projections have recently returned to their pre-pandemic levels of accuracy after they underestimated inflation in 2022, amid food and energy price shocks caused by the war in Ukraine. https://www.ecb.europa.eu/pub/economic-bulletin/focus/2023/html/ecb.ebbox202301_06~df570a38fd.en.html #EconomicBulletin

🐦🔗: https://n.respublicae.eu/ecb/status/1626158855515242497